According to online reports, the United Nations released the "Mid-Year Update on the Global Economic Situation and Prospects in 2025" report. The report pointed out that since the January 2025 forecast, the global economic outlook has deteriorated significantly. Tariff increases and trade policy uncertainty have put pressure on supply chains, pushed up production costs, slowed corporate investment, and affected developed and developing economies. The report predicts that global economic growth will slow down to 2.4% in 2025, a significant drop from the 2.9% growth rate in 2024. Developing countries that are highly dependent on trade face multiple challenges such as declining exports, falling commodity prices, tightening financing environments and increasing debt burdens. Weak global growth has further hindered the achievement of the Sustainable Development Goals, exacerbated poverty and inequality, and restricted green transformation investment. In terms of international trade, global trade growth will plummet from 3.3% in 2024 to 1.6% in 2025. After a short-term push to circumvent tariffs, merchandise trade may contract in the second half of 2025. Although digitalization drives service trade to remain resilient, overall trade weakness will affect demand for related services such as transportation and tourism.